Here’s a nice, juicy leak fresh out of Italy, complete with olive oil, rosemary and prosciutto.

Notebook Italia has managed to get its hands on a set of Asus press photos, showing the upcoming ME127V tablet in all its glory. The tablet share a lot of its design DNA with the Nexus 7, but unlike the Nexus, it will also be available in white, which is a nice touch.

Of course, since it’s practically a poor man’s Nexus 7, there are a few compromises worth mentioning. It is powered by a VIA WM8950 dual-core processor and it features 1GB of RAM. There’s also 16GB of storage on board, which is not bad for an entry level device. The OS of choice is Android 4.1.

The screen is also different. The Nexus 7 boasts a 1280x800 IPS panel, while the ME172V has to make do with a 1024x600 TN display. Like the Nexus 7, its cheaper cousin lacks a rear camera, but it has a 1.3-megapixel front-facing unit.

However, it should be priced in the €129 to €149 range, which makes it rather good value for money in our book.